4308 Susquehanna Avenue

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4308 Susquehanna Avenue

Wildwood, NJ 08260
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building located at 4308 Susquehanna Avenue in Wildwood.
  • Property layout consists of two independent rental units for tenants.
  • Located in the established residential and coastal market of Wildwood.
  • Well-suited for investors interested in residential income-producing real estate assets.
  • Provides a manageable scale for property owners and professional investors.

What's Special

Investors seeking an entry-level multifamily asset will find this apartment building in Wildwood, New Jersey, a practical addition to a real estate portfolio. This property comprises two units, providing a straightforward management profile suitable for long-term hold strategies or rental income generation in a prominent coastal market. The city of Wildwood is known for its seasonal tourism economy and stable population base along the Jersey Shore, creating consistent demand for year-round and seasonal residential housing. This location remains a popular destination for visitors and residents, supported by local infrastructure and regional access routes that connect the area to larger metro hubs. The current configuration offers immediate utility for an owner-operator or an investor looking to capitalize on the sustained housing needs of the local workforce and seasonal residents. Its position within this established residential submarket provides a manageable scale for those looking to expand their footprint in the multifamily sector.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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